Gold Star Finance

Re: ID # *** I have received a copy of the complaint filed by Mr***The Office of Consumer Credit Commission with the State of Texas sets our rules and regulations for making consumer loansWe abide by these rules and regulations set forth by the OCCCOur rates are not set to a daily
calculation but to a monthly calculationThe maturity date is set on the day the loan is madeIn this case it was 10/30/The interest amount stays the same the entire month through 11/30/On 12/01/the rate goes Into the next month interest 'refund scheduleYou will save interest if the loan is paid on or before the due date, Mr*** came in on 12/01/2014, the day after his due date and the refund of interest amount changed that dayThe contract explains about paying on or before the due dateThis is not a penalty for paying off earlyIt is how the laws with the State of Texas are setGold Star Finance, Incdoes not conduct any shady business tacticsWe follow the rules set by the OCCC of the State of TexasThank you.*** ** ***